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2014-04-29 01:27:53 UTC
Men Who Work Full-Time Earn Less Than 40 Years Ago
April 28, 2014
(CNSNews.com) - The real median income of American men who work
full-time, year-round peaked forty years ago in 1973, according to data
published by the U.S. Census Bureau.
In 1973, median earnings for men who worked full-time, year-round were
$51,670 in inflation-adjusted 2012 dollars. The median earnings of men
who work full-time year-round have never been that high again.
http://cnsnews.com/image/median-earnings-men-who-work-full-time-1
In 2012, the latest year for which the Census Bureau has published an
estimate, the real median earnings of men who worked full-time,
year-round was $49,398. That was $2,272or about 4.4 percentbelow the
peak median earnings of $51,670 in 1973.
In 1960, the earliest year for which the Census Bureau has published
this data, the median earnings for men who worked full-time, year-round
were $36,420 in 2012 dollars. Between 1960 and 1973 that increased
$15,250or about 41.9 percent.
Median Earnings for Women Who Work Full-Time
By comparison, the real median earnings of American women who work
full-time year-round peaked in 2007, when women who worked full-time
earned $38,872 in constant 2012 dollars. From 1960 through 2007, the
real income of American women who work full-time increased $16,774 or
about 76 percent. From 2007 to 2012, the real earnings of women who
work full-time declined $1,081, or about 2.8 percent.
http://cnsnews.com/image/median-earnings-women-who-work-full-time-0
By earnings, the Census Bureau means money someone earns as an
employee, which includes wages, salary, armed forces pay, commissions,
tips, piece-rate payments, and cash bonuses earned, before deductions
are made for items such as taxes, bonds, pensions, and union dues. It
also includes net income from self-employment.
April 28, 2014
(CNSNews.com) - The real median income of American men who work
full-time, year-round peaked forty years ago in 1973, according to data
published by the U.S. Census Bureau.
In 1973, median earnings for men who worked full-time, year-round were
$51,670 in inflation-adjusted 2012 dollars. The median earnings of men
who work full-time year-round have never been that high again.
http://cnsnews.com/image/median-earnings-men-who-work-full-time-1
In 2012, the latest year for which the Census Bureau has published an
estimate, the real median earnings of men who worked full-time,
year-round was $49,398. That was $2,272or about 4.4 percentbelow the
peak median earnings of $51,670 in 1973.
In 1960, the earliest year for which the Census Bureau has published
this data, the median earnings for men who worked full-time, year-round
were $36,420 in 2012 dollars. Between 1960 and 1973 that increased
$15,250or about 41.9 percent.
Median Earnings for Women Who Work Full-Time
By comparison, the real median earnings of American women who work
full-time year-round peaked in 2007, when women who worked full-time
earned $38,872 in constant 2012 dollars. From 1960 through 2007, the
real income of American women who work full-time increased $16,774 or
about 76 percent. From 2007 to 2012, the real earnings of women who
work full-time declined $1,081, or about 2.8 percent.
http://cnsnews.com/image/median-earnings-women-who-work-full-time-0
By earnings, the Census Bureau means money someone earns as an
employee, which includes wages, salary, armed forces pay, commissions,
tips, piece-rate payments, and cash bonuses earned, before deductions
are made for items such as taxes, bonds, pensions, and union dues. It
also includes net income from self-employment.